Roger Moore | Mortgage Broker
Region: US
Monday 28 March 2022 14:11:53 GMT
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JC3rna :
Raise your hand who will trust that family members to keep their word after they are already in the title 😅
2022-03-30 05:09:57
99
Sandra.barcena.18 :
It has to be a family? I have a friend who offered me to take over, because he doesn’t want it. It needs repairs.
2022-03-30 03:31:41
77
JC :
Just did it. Used a “gift of equity” to cover all that stuff.
2022-04-04 15:49:35
32
Victor Avila realtor :
How would the first owner get paid on the deal?
2022-03-30 02:19:31
9
Tusk Grabber :
What if they paid off the house?
2022-04-08 21:54:22
3
AnjieBanjie 💕 :
Could you do a cash out refi with this? If the house is paid off already?
2022-03-30 22:19:22
14
Dmk0626 :
Except the rate is higher rate on refi vs a purchase
2022-03-30 23:26:18
17
me :
what if the house is paid for?
2022-03-30 07:39:18
8
Lexy Lara :
Can you do more videos on this?
2022-03-30 03:07:52
14
Aamer Khan :
Explain option 2 please
2022-03-30 23:13:40
2
Susie Q :
Wouldn’t the family member have to pay capital gains?
2022-04-09 16:33:50
2
Roger Moore | Mortgage Broker :
Part 2 is up!
2022-04-06 20:53:29
14
vh1991 :
not as easy I would think. If the house doesn't appraise over the actual price, you won't be able to finance the whole amount
2022-03-30 03:43:12
3
Katie Shafenberg :
We did this and it worked out really well!
2022-04-10 19:29:40
2
Kelly Pedersen :
You could also do a gift of equity to cover the down payment and closing costs.
2022-04-06 21:41:47
2
Nathan Hanlon :
My mind is blow and I’m a realtor. I’ve never thought of this!
2022-04-13 06:06:24
3
Flipping crazy :
Or do a gift of equity for the down payment.(if aprisal comes in higher than the purchase) also a refi has LTV ratios.
2022-03-30 04:07:00
1
Adrifantastic 🌞 :
My husband & I did this with my parents. They could no longer afford my childhood home, so we decided to take over & this made the process flow easy
2022-04-21 18:24:28
3
Redemption-Tactical :
Genius
2022-04-15 15:54:33
1
Free 🇵🇸 :
Adding name to the title Would be a gift and incur gift tax if above the lifetime exclusion
2022-04-10 16:36:42
1
Fid :
This is soooo helpful!!
2022-04-14 16:40:14
1
justme03 :
we did this! worked out great!
2022-04-15 02:00:32
1
Tiffany :
Needed this 6 months ago….
2022-04-15 03:14:32
1
britt :
We just did it the second way!! Worked out perfectly.
2022-04-14 20:20:21
1
user2922944046351 :
shit I should have done this
2022-04-10 13:20:57
1
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